SINGAPORE–(BUSINESS WIRE)–A.M. Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb” of National Reinsurance Corporation of the Philippines (NRCP) (Philippines). The outlook of these Credit Ratings (ratings) is negative. The ratings reflect NRCP’s balance sheet strength, which A.M. Best categorizes as strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management. NRCP’s risk-ad